The average person in the Philippines spends more time on the Internet than in any other country in the world. Filipinos are online for more than 11 hours each day, with a global average of only 6 hours. In fact, with a total population of over 100 million and 71% of Filipinos being active Internet users, it creates the perfect environment for developing the country’s digital economy through financial technology (also known as FinTech). I am.
Despite being the most active online, more than 50 million Filipinos (more than half of the population) do not use any form of online banking.According to the government report Published in 2019, only 8% of adults in the Philippines have an active online account. This, coupled with 97% of Filipinos still trading in cash, increases risk during a pandemic with restricted face-to-face interactions.
In recent years, Huawei has worked closely with the Philippines’ largest bank, Banco De Oro Unibank (BDO), to realize its strategic ambitions. To more Filipinos.
To help banks achieve this, BDO has partnered with Huawei to accelerate digital transformation. BDO was deployed in April 2021 BDO PayA mobile wallet and contactless payment solution that provides users with convenient and immediate access to digital banking services. On the road to inclusive digital banking, BDO is actively embracing innovation to upgrade its legacy infrastructure, improve its competitiveness and develop more innovative services throughout its business.
BDO’s digital banking enhancements are enhanced by Huawei’s Ocean Stor Dorado all-flash storage solution. This solution implements a virtual, cloud-based, reliable, secure, and promising data sharing platform. NS Huawei data management engine (DME) and OceanStor Dorado Storage It forms the basis of the solution and intelligently protects the bank’s growing customer assets and transaction history data.
Overcome the limitations of legacy systems
BDO’s IT infrastructure updates were driven primarily by the increasing capacity requirements that arose as the business grew. Legacy systems have limited ability to fully process and utilize data resources that can create new value. Therefore, an upgrade was needed. In addition, banks were affected by siled IT suites, resulting in storage utilization of less than 40%, much lower overall.
To eliminate this obstacle, Huawei OceanStor Dorado offers a high solid-state drive (SSD) configuration ratio in Smart Tier, delivering 1.3 GB / s bandwidth and significantly improving the performance of data sharing platforms. In addition, OceanStor Dorado features Hyper Replication and a Storage Area Network (SAN) + Network Attached Storage (NAS) integrated storage system to meet BDO file sharing and backup requirements. This enables an active-passive system that protects all business data, including documents scanned from images and voice memos. Huawei OceanStor Dorado supports flexible service expansion, reduces service rollout times, and accelerates data monetization in storage resource pools. In fact, during a BDO proof of concept (PoC) performance test, the overall backup service time was reduced from two days to just six hours.
Traditional infrastructure did not have an automated orchestration platform, which required upgrades in operations and maintenance (O & M) in addition to performance requirements. Excessive reliance on manual O & M complicated the diagnosis of system failures and flooded maintenance departments, not to mention inaccuracies. Digitizing O & M has improved diagnostics, accuracy, problem-solving efficiency, and reduced associated management costs.
Currently, using Huawei’s DME, BDO’s storage utilization has increased from 40% to 70%. In addition, the system’s intelligent fault diagnostic capabilities have boosted efficiency to 90%. DME also manages data resource pools created and configured based on service levels and uses algorithms that automatically convert hot data to warm or cold data to layer hot, warm, and cold data layer by layer. Manage to. Such unwanted data is stored on low-cost media to reduce resource waste and improve service efficiency. Simply put, Huawei DME provides backup and recovery solutions to effectively guarantee complete lifecycle management of your storage system and maximize the value of your data.
“During the proof-of-concept test, we were impressed with the high performance and reliability of Huawei’s products. Huawei continues to innovate in future technology for service-centric value, rapid response to demands, and financial services. That’s why we want to build a long-term partnership with Huawei. ”Industry (FSI).” Dennis Tangonan, Head of Infrastructure Operations, BDO..
BDO’s recent IT infrastructure upgrades and virtual…